Category BreakingNews

Daily Maverick

Daily Maverick’s Caryn Dolley suggests that ‘Cryptoqueen’ Ruja Ignatova, wanted for the OneCoin scam, may have been hiding in South Africa, contrary to rumors of her death at sea. Previous investigations hinted at her ties to Cape Town. New clues raise speculation about her whereabouts, prompting questions about the elusive mastermind’s proximity.

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Daily Maverick

A rabid Cape Fur Seal attacked a man snorkeling with his family at Windmill Beach in Cape Town on Monday. The beach was closed for the day, and the seal was euthanized. Reports of aggressive seals and a rabies outbreak among marine animals have been increasing along the Western Cape Coast. Emergency and research teams responded to the incident.

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Business Insider Africa

Some African countries like Niger, Burundi, and Chad maintain low unemployment rates due to policies supporting key sectors and the informal economy. The African Development Bank warns of a youth unemployment crisis, with up to 100 million jobless by 2030 if action isn’t taken. While some nations struggle with high rates, others prioritize sectors like agriculture and tourism to provide livelihoods.

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Al Jazeera

M23 rebels seize Minova and other towns in eastern DR Congo, including key supply routes to Goma. The rebels, composed of ethnic Tutsis, have made significant gains in the region, part of the ongoing conflict involving numerous armed groups in mineral-rich eastern Congo.

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The South African

Orlando Pirates have a strong squad with players who could start for Kaizer Chiefs. Patrick Maswanganyi may move to UD Oliveirense for R40 million. Chiefs prepare for Nedbank Cup against Free Agents. Fans express concerns about team performance. Pirates face Royal AM in Betway Premiership. Manager may rotate squad after Caf Champions League. Maswanganyi scored in Egypt. Pirates clash with Royal AM on Jan 23.

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The mail& Guardian

Chairperson Anthea Ramolobeng reported South African prisons are 48% overcrowded, with 156,000 inmates and only 105,474 bed spaces. She expressed concern over the high number of foreign national inmates and outlined strategies to address overcrowding, including managing detainees and encouraging rehabilitation-focused sentences. Contraband remains a serious issue, with discrepancies in investigations and disciplinary actions. Oversight visits are planned to address these issues.

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The mail& Guardian

Governments, private sector, and regional bodies must collaborate to address Africa’s infrastructure challenges hindering mining sector growth. The continent needs $130-170 billion annually for development, but investment falls short. Legal and regulatory issues, corruption, and lack of access to finance are major hurdles. Cross-border projects and partnerships with international institutions can help maximize economic and mining synergies. Collaboration is key to unlocking Africa’s mining potential.

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The mail& Guardian

Eastern Cape judge president Selby Mbenenge faces sexual harassment accusations as his counsel cross-examines the accuser, Andiswa Mengo, questioning her honesty and responses to explicit messages. Mengo admits to mixed reactions but asserts feeling stripped of dignity and diminished productivity at work. The tribunal will determine if the interactions were consensual.

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Bloomberg (YouTube)

South African Reserve Bank Governor Lesetja Kganyago criticizes US President Trump’s protectionist policies, warning of negative impact on global trade and potential fragmentation of the global economy. Kganyago also addresses South Africa’s inflation risks and GDP growth outlook at the World Economic Forum in Davos, Switzerland.

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BusinessTech

The Democratic Alliance rejects a plan by the Department of Trade, Industry, and Competition to tax private sector profits to fund black-owned businesses. The proposed R100 billion Transformation Fund faces criticism and requires further discussion. Minister Parks Tau plans to finance the fund through existing BBBEE regulations, mandating companies to allocate profits to support black-owned businesses. Multi-national companies may face a cash contribution if they do not share equity with black partners.

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